# Samick THK to build new plant in Pyeongtaek with KRW 20.8B investment

Samick THK announced a new facility investment of KRW 20.8 billion to build a plant in Pyeongtaek, South Korea, for mechatronics business expansion and capacity increase, from November 15, 2017 to October 31, 2018.

- Type: New facility
- Announced: 2017-11-15
- Where: Pyeongtaek, South Korea
- Value: $19.0M (20.8B KRW)
- Starts operating: 31 Oct 2018
- Status: announced
- Products: mechatronics products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Samick THK](https://endata.com/companies/17884.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1563038), 2017-11-15: "삼익THK은 평택공장 신축에 대한 내용을 15일 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
